Mauritius’ leading bank, the Mauritius Commercial Bank (MCB), has opened a branch in Male, in the Maldives, an official source here told PANA Wednesday.
This is the 78th branch of the bank and also the fifth foreign commercial bank to be set up in the Maldives.
“The opening of MCB Maldives is a strategic move that will strengthen further the reputation of our bank as major regional instrument while offering financial solutions to Maldives citizens”, the MCB management said in statement.
MCB is already operating in Seychelles, Madagascar, Mozambique, Reunion, Mayotte, South Africa and France.